J.B. Hunt Transport Services Inc (NASDAQ:JBHT)’s Stock Is Buy After Less Market Selling

J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) Logo

Investors sentiment decreased to 0.64 in Q2 2019. Its down 0.51, from 1.15 in 2019Q1. It is negative, as 59 investors sold J.B. Hunt Transport Services, Inc. shares while 138 reduced holdings. 37 funds opened positions while 90 raised stakes. 79.17 million shares or 1.05% more from 78.35 million shares in 2019Q1 were reported.
Daiwa Gp invested in 3,278 shares or 0% of the stock. Ftb Advisors Inc reported 373 shares or 0% of all its holdings. Envestnet Asset Mgmt reported 34,556 shares stake. 1.20M are owned by Capital Intl. Fjarde Ap reported 19,448 shares or 0.02% of all its holdings. First Allied Advisory Ser, a Missouri-based fund reported 4,686 shares. Credit Suisse Ag invested in 94,245 shares. Chevy Chase Hldg reported 71,268 shares. 150 were accumulated by Reilly Fin Advisors Ltd Limited Liability Company. Assetmark has 0% invested in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT). Royal London Asset Mngmt Limited reported 37,146 shares. Weiss Multi accumulated 245,585 shares. Tarbox Family Office holds 0% or 6 shares. Prudential has invested 0.01% in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT). Robeco Institutional Asset Mgmt Bv holds 0% of its portfolio in J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) for 1,824 shares.

The stock of J.B. Hunt Transport Services Inc (NASDAQ:JBHT) registered a decrease of 2.57% in short interest. JBHT’s total short interest was 4.69 million shares in October as published by FINRA. Its down 2.57% from 4.82 million shares, reported previously. With 1.17 million shares average volume, it will take short sellers 4 days to cover their JBHT’s short positions. The short interest to J.B. Hunt Transport Services Inc’s float is 5.45%.

The stock increased 2.57% or $2.77 during the last trading session, reaching $110.35. About 724,822 shares traded. J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) has declined 13.11% since October 12, 2018 and is downtrending. It has underperformed by 13.11% the S&P500.

J.B. Hunt Transport Services, Inc., together with its subsidiaries, provides surface transportation and delivery services in the continental United States, Canada, and Mexico. The company has market cap of $11.78 billion. It operates through four divisions: Intermodal , Dedicated Contract Services (DCS), Integrated Capacity Solutions (ICS), and Truck (JBT). It has a 25.62 P/E ratio. The JBI segment offers intermodal freight solutions, such as origin and destination pickup, and delivery services.

J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) Ratings Coverage

Among 3 analysts covering JB Hunt Transport Servs (NASDAQ:JBHT), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. JB Hunt Transport Servs has $12100 highest and $95 lowest target. $107.25’s average target is -2.81% below currents $110.35 stock price. JB Hunt Transport Servs had 13 analyst reports since April 16, 2019 according to SRatingsIntel. The rating was maintained by Morgan Stanley on Tuesday, April 16 with “Equal-Weight”. The stock of J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) earned “Hold” rating by Stifel Nicolaus on Tuesday, April 16. The firm has “Market Perform” rating by BMO Capital Markets given on Tuesday, April 16.

More notable recent J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) news were published by: Nasdaq.com which released: “JB Hunt (JBHT) Q3 Earnings Preview: Here’s What to Look Out For – Nasdaq” on October 09, 2018, also Seekingalpha.com with their article: “My Thoughts On J.B. Hunt’s Q1 Earnings – Seeking Alpha” published on April 17, 2019, Thestreet.com published: “J.B. Hunt Hits a Downgrade Speed Bump From Bank of America – TheStreet.com” on May 28, 2019. More interesting news about J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) were released by: Nasdaq.com and their article: “J.B. Hunt (JBHT) Beats on Q2 Earnings – Nasdaq” published on July 16, 2018 as well as Finance.Yahoo.com‘s news article titled: “Hunt Imposes Intermodal Surcharge To Recoup Cost Of Shuttling Empty Boxes – Yahoo Finance” with publication date: August 30, 2019.

J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT) Institutional Positions Chart

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